Offshore Bonds
Best Practice | 7 Sep 17
Conflict of views on offshore bond IHT rules vexes adviser
Two international life companies gave conflicting views on the tax treatment of offshore bonds to chartered financial planner Patrick Murphy, of Zen Wealth, in his quest to offer fee-based advice for his UK domiciled clients who have been tax resident in Spain for 10 years.
VAM Funds signs distribution deal with Novia Global and OMI
Luxembourg-based asset manager VAM Funds has signed a partnership with two platforms for the distribution of its fund ranges.
Big jump in offshore bond sales at Canada Life International
Sales of offshore bonds rose by 60% in the first half of 2017, with new business through Canada Life International’s Isle of Man and Dublin-based offshore businesses hitting £566m ($736m, €626m).
Zurich International unveils target date fund range
Pension provider Zurich International has introduced a range of dollar-denominated target date funds (TDFs) aimed at gradually reducing the risk investors are exposed to as they approach retirement.
VAM Funds launches online valuation system for DFM fund range
Luxembourg-based asset manager VAM Funds has launched an online valuation system for IFAs who use the firm’s discretionary fund management services.